Senior Tax Exemption and Classification

Senior Property Tax Exemption: For those who qualify, 50 percent of the first $200,000 of actual value of the property is exempted. The State will pay the exempted property tax. The exemption must be applied for only once, and it remains in effect for subsequent years as long as the property ownership and occupancy do not change.

Senior Primary Residence Classification (aka Portable Senior Classification): For those who qualify, 50 percent of the first $200,000 of actual value, or the amount that causes the assessed value to be $1,000 or greater, of the applicant's primary residence is not taxable. The State will pay the exempted property tax.

Qualifications

adults relaxing

  • Senior Property Tax Exemption-application deadline is July 15th.
    • Must be at least 65 years old on January 1 of the year in which applying.
    • Must be the owner of record and must have been the owner of record for at least ten consecutive years prior to January 1 of the year in which applying.
    • Must occupy the property as their primary residence and must have done so for at least ten consecutive years prior to January 1 of the year in which applying.
    • Or are the surviving spouse of a previously qualified applicant.

 

  • Senior Primary Residence Classification (aka Portable Senior Classification)-application deadline is March 15th.
    • This classification is currently approved for tax years 2025 and 2026 only.
    • As of January 1, 2020 or later, must have been receiving the Senior Property Tax Exemption on a property in Colorado and have since lost that exemption due to establishing a new primary residence.
    • Must be the owner of record of the new primary residence as of January 1 of the year in which applying.
    • Must occupy the property as their primary residence.
    • Or are the surviving spouse of a previously qualified senior that would now meet the classification requirements.

Application Forms

  1. The Short Form(PDF, 676KB) is intended for qualifying seniors that meet each of the requirements stated above.
  2. The Long Form(PDF, 819KB) must be used by individuals applying under the surviving spouse option and for applicants applying as the qualifying senior who fall within certain exceptions to the occupancy and ownership requirements.
  3. The Senior Primary Residence Classification Form(PDF, 394KB) (aka Portable Senior Classification) is intended for qualifying seniors that had been previously granted the senior property tax exemption and have since lost it due to relocation within Colorado. 

Additional Information

For additional information, please read the Property Tax Exemption for Senior Citizens in Colorado brochure(PDF, 158KB) published by the State of Colorado.  If you have questions please contact the Assessor's Office at 970-400-3650 or visit us at 1400 N. 17th Avenue, Greeley.

Other Programs available to Seniors

  1. The Income-Qualified Senior Housing Income Tax Credit is available for qualified applicants 65 years of age or older that are not participating in the Senior Property Tax Exemption Program. This credit is available for the 2024 tax year. For additional information please visit the Colorado Department of Revenue Taxation Division website.
  2. The Colorado Property Tax/Rent/Heat (PTC) Rebate Program is available annually for qualified low-income applicants 65 years of age or older, are a surviving spouse 58 years of age or older, or are disabled. For additional information please visit the Colorado Department of Revenue Taxation Division website.
  3. The Property Tax Deferral Program allows qualified seniors and active military personnel to defer property tax payments. For additional information please visit the State of Colorado Treasurers Office website.
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